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designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …
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In their seminal paper, Aumann, Kurz and Neyman (1987) found the surprising result that the choice of public goods levels in a democracy is not affected by the distribution of voting rights. This implies that groups of individuals should not value the franchise. This conclusion, however, does...
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We use a laboratory gift-exchange game to examine decisions made by groups under three different procedures that dictate how group members interact and reach decisions in comparison to individuals acting alone. We find that group decisions do deviate from those of individuals, but the direction...
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